Lao media praise Vietnam's experience in economic development

Chia sẻ
(VOVWORLD) - The Laophattana e-paper at has published an article hailing Vietnam’s experiences to gain good economic growth against the global recession.
Lao media praise Vietnam's experience in economic development - ảnh 1A production line at Vietnamese automaker VinFast's factory (Photo: VNA)

The article highlighted that Vietnam recorded positive economic growth while the world is facing economic recession, inflation, unemployment during the last 2-3years.

The paper cited research by the World Bank as saying that investors, especially manufacturers of electronic devices in the US, Europe, and some Asian countries expanding operations in Vietnam, is one of important factors to promote the Vietnamese economy.

The achievements are also attributed to Vietnam's education reform that has improved the quality of human resources plus the Vietnamese Government’s investment in developing infrastructure which will help the Vietnamese economy continue to grow.

According to the article, economists believe that this year, the world economy will continue to decline and face many difficulties. Major economies such as the US, China and the EU are said to grow slowly, but Vietnam's economy remains stable because it has attracted investors and had effective currency management policies.